New Orleans Office Tower Acquisition

Phase 1 Environmental Site Assessment - Louisiana

Project Need

Environmental due diligence was required for a real estate developer before acquiring a former office building in New Orleans, Louisiana. The buyer needed a fast Phase I ESA turnaround to meet the real estate closing date within one week.

Services Completed

The team at Lord & Winter, LLC performed a Phase I Environmental Site Assessment and completed it to ASTM 1527 standards. The Site Assessment revealed one Recognized Environmental Condition (REC) and a Phase II Limited Site Investigation was recommended by Lord and Winter.

Issue Resolved

Lord & Winter evaluated the Subject Property to determine whether Recognized Environmental Conditions (RECs) were associated with historical use. Our report allowed the client to assess the environmental business risk associated with the Subject Property. The work was completed within five days, and the acquisition moved forward on time.

Photo by Ben Dutton on Unsplash

Request a proposal

Property Address(Required)

Street Address City State ZIP Code

Parcel Number

I am interested in the following services(Required)

Phase 1 Environmental Site Assessment

Phase 2 Environmental Site Assessment

Environmental Permitting

Wetland Delineation

Stream Hydrologic Determination

Other

Client Name(Required)

First Last

Client Organization Name

Client Address(Required)

Street Address City State ZIP Code

Phone(Required)

Email(Required)

Message

File

Drop files here or

Accepted file types: zip, pdf, jpg, png, doc, docx, Max. file size: 25 MB, Max. files: 10.

Email

This field is for validation purposes and should be left unchanged.

Environmental planning is critical to a development project's success

Compliance should be a top priority for any commercial development team. If you overlook local, state, or federal regulations, you could inadvertently violate pertinent environmental compliance laws, exposing your organization to civil liability and fines. Lord & Winter’s environmental planning services can help your team stay apprised of all relevant regulations.

Our experts ensure the completion of development projects in a manner that fully complies with pertinent local, state, and federal laws. This oversight can reduce your risk of incurring costly fines and insulate your organization from civil liability.

Under federal regulations such as the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), entities that contaminate the environment can be held responsible for remediation costs.

While certain development activities and land uses are bound to cause some level of environmental contamination, environmental planning can help your organization minimize the severity of this contamination.

Ultimately, this will reduce the cost of site remediation should your organization’s activities fall under the purview of CERCLA.

Minimizing your development’s environmental impact will also preserve resources both on-site and adjacent to your land. Lord & Winter’s environmental planning services include an assessment of adjacent resources, including waterways, communities, and vacant land. You can better minimize your environmental footprint by increasing your awareness of these resources and your potential impact on them.

You could incur significant fines if your development project is unaligned with environmental laws. Additionally, governing agencies such as the EPA may force you to temporarily halt operations altogether. Unexpected downtime can decimate profit margins and damage your brand image.

Lord & Winter’s environmental planning services can protect business continuity in several ways.

First, our team can help you carefully plan your development project, reducing the risk of construction delays. In addition, our environmental planning will guide regulatory compliance and minimize the chances of you being fined or shut down.

Whether you serve other businesses or private consumers, it is crucial to understand that the modern generation of clients is more environmentally conscientious than ever before.

Individuals and companies want to work with organizations that are good stewards of natural resources. Conversely, many clients will actively avoid partnering with companies that have unsustainable business practices.

Taking advantage of Lord & Winter’s environmental planning services is an excellent way of demonstrating your organization’s commitment to environmental conservation.

You can use the data acquired from Lord & Winter to guide your conservation initiatives and share your conservation efforts with your audience when producing marketing content. This approach will strengthen your brand image and increase feelings of loyalty towards your company.

To optimize the efficacy of your environmental conservation and compliance initiatives, you must generate buy-in across the entire organization.

Everyone from key decision-makers to line-level staff must understand why environmental compliance is essential. Additionally, these individuals should be aware of critical environmental concerns and their role in addressing those issues.

Lord & Winter’s environmental planning services can assist with both aspects of your initiative. When providing environmental planning assistance, we systematically identify key ecological concerns that may impact your business.

We also help you explore ways to address those concerns to minimize environmental impact, support conservation efforts, and maintain compliance.